Funding you earn now, next payment 03:00 UTC−0.0387%/8h= −42.4% APRnext payment −$0.48 per $10,000 · paid last 24h −0.068%
Price spread now: gTrade (Gains Network) against Phoenix−0.118%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3033.026% of the position
Funding, last 3 days (all we have)−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.118%, 7d avg −0.093%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and gTrade (Gains Network) is 0.025% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0402 | 0.0390 | pay 0.0049% / 1h | 45m 00s | $211K | $421K | 10x |
| Short | gTrade (Gains Network) SUI/USD | 1.0389 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 45m 00s | $113K | — | 150x |
Phoenix SUI
gTrade (Gains Network) SUI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$81.26
- Price spread: −0.118% → −0.093%
- −$2.49
- Slippage, 4 orders
- −$285.55
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$386.31
- Costs to cover
- 3.026%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 12 min ago; gTrade (Gains Network): virtual book (oracle venue), 14 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 12 min ago | 0.95 bp | 12.3 bp −$12 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 14 min ago | 130.07 bp | 135.1 bp −$135 | 814.5 bp −$8,145 | doesn't fit | doesn't fit |
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3244% | 1h | 1.0316 | −0.824% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0392 | −0.095% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0296% | 1h | 1.0382 | −0.186% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0383 | −0.180% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0393 | −0.087% | $520K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0390 | −0.112% | $202K | $574K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDshort | L +0.0003% / S −0.0003% | 1h | 1.0389 | −0.118% | $113K | — | 150x | |
| Lighter SUI | +0.0096% | 1h | 1.0392 | −0.093% | $828K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0389 | −0.119% | $297K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0394 | −0.074% | $39K | $515K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0389 | −0.127% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0393 | −0.084% | $687K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0389 | −0.123% | $910K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0388 | −0.132% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0389 | −0.120% | $151.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0392 | −0.092% | $102.8M | $310.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0394 | −0.074% | $41.2M | $388.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0400 | −0.016% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0476 | +0.714% | $246K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0388 | −0.132% | $165.5M | $82.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0387 | −0.141% | $151.0M | $293.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0389 | −0.122% | $49.9M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0391 | −0.103% | $68.0M | $171.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0390 | −0.112% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0387 | −0.141% | $679K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0394 | −0.078% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0403 | +0.014% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0403 | +0.014% | $458K | $7.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0404 | +0.022% | $232K | $486K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0401 | −0.007% | $124K | $757K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0391 | −0.103% | $48K | $194K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0376 | −0.247% | $594K | $401K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0406 | +0.041% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0385 | −0.161% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0389 | −0.122% | $572K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0392 | −0.093% | $11.9M | $26.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0382 | −0.187% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0391 | −0.106% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0397 | −0.045% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0387 | −0.140% | $6.9M | $27.0M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0394 | −0.074% | $998K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0396 | −0.055% | $8.0M | $25.0M | 100x | as long as short |
| Phoenix SUIlong | +0.0390% | 1h | 1.0402 | long leg | $211K | $421K | 10x | |
| Hyperliquid SUI | +0.0440% | 1h | 1.0399 | −0.021% | $75.6M | $81.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0615% / S −0.0267% | 1h | 1.0388 | −0.130% | $960K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1558% | 1h | 1.0416 | +0.135% | $83K | $395K | 10x | as long as short |
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD